Feel like you have an underperforming, overpriced car insurance policy? Don’t feel bad because you’re not the only one. Multiple auto insurance companies compete for your hard-earned dollar, and it can be difficult to compare rates and get the best coverage at the lowest price
It’s a good idea to price shop coverage once or twice a year due to the fact that insurance prices fluctuate regularly. Just because you had the best price on Montana insurance two years ago there is a good chance you can find better rates now. Forget all the misinformation about car insurance because you’re about to find out one of the best ways to properly buy coverages while reducing your premium.
It’s important that you understand the rating factors that go into determining your insurance coverage rates. If you understand what influences your rates, this helps enable you to make changes that will entitle you to cheaper rates. Many factors are used in the calculation when premium rates are determined. Some factors are common sense like your driving record, but other criteria are not as apparent like where you live or your financial responsibility.
The items below are some of the items utilized by car insurance companies to help set rates.
Finding a better price on insurance is a great way to save money. You just need to invest a few minutes to get quotes to discover which company has low cost auto insurance quotes. Shoppers can get rates in a couple of different ways.
The most efficient method to compare a lot of rates at once would be an industry-wide quote request form click to view form in new window. This method keeps you from doing repetitive form submissions for each price estimate. A single form gets prices estimates from several companies.
A less efficient way to find more affordable insurance is spending the time to visit the website for every company you want to comare and go through the quote process again. For example, we’ll assume you are doing a rate comparison from Geico, Esurance and State Farm. In order to get each rate, you would have to visit each site and enter your policy data, which can get rather old. To view a list of companies in your area, click here.
The hardest way to find and compare rates is making phone calls or going to insurance agents’ offices. The internet reduces the need to sit down with an agent unless you require the extra assistance that only an agent can give. It is possible with some companies compare online quotes but still have the advice of a local agent.
Whichever method you choose, try to keep apples-to-apples information with every price quote. If you enter different liability limits then you won’t be able to determine the best price for your Pontiac Montana.
Drivers constantly see and hear ads for car insurance savings by companies like State Farm, Allstate and Geico. All the ads try to convey promises that you can save if you move your coverage to them.
It sounds good, but how can they all offer you a better deal? Just pay attention to how they say it.
Car insurance companies look for specific characteristics for the type of driver that will most likely be profitable. One example of a profitable customer may be between the ages of 40 and 55, has a clear driving record, and drives a car with an anti-theft system. Someone who fits those characteristics receives the best auto insurance rates and will most likely save when they switch companies.
Drivers who cannot meet this ideal profile may receive a more expensive rate which translates to the customer not purchasing. If you pay close attention to the ads, they say “customers who switch” not “everyone that quotes” can get the lowest rates when switching. That’s the way companies can truthfully advertise the way they do.
This really illustrates why you absolutely need to do a quote comparison often. It’s impossible to know which company will give you the biggest savings.
Not many people think insurance is cheap, but you may find discounts that could drop your premiums quite a bit. A few discounts will automatically apply at quote time, but lesser-known reductions have to be inquired about before being credited.
It’s important to note that most of the big mark downs will not be given to the overall cost of the policy. Some only apply to individual premiums such as comp or med pay. So when it seems like adding up those discounts means a free policy, you won’t be that lucky.
Companies and their possible discounts are detailed below.
When getting free auto insurance quotes, it’s a good idea to every insurance company how you can save money. Savings might not be offered on policies in your area. To view providers with significant discounts, follow this link.
When it comes to buying adequate coverage, there really is no best way to insure your cars. Everyone’s situation is a little different so this has to be addressed. For instance, these questions may help highlight whether you would benefit from an agent’s advice.
If you don’t know the answers to these questions, you might consider talking to a licensed insurance agent. To find lower rates from a local agent, complete this form or you can go here for a list of companies in your area. It’s fast, doesn’t cost anything and may give you better protection.
Understanding the coverages of a auto insurance policy helps when choosing appropriate coverage and proper limits and deductibles. The coverage terms in a policy can be confusing and nobody wants to actually read their policy. These are the usual coverages found on most auto insurance policies.
Uninsured/Underinsured Motorist (UM/UIM)
This coverage protects you and your vehicle’s occupants when other motorists either have no liability insurance or not enough. It can pay for injuries sustained by your vehicle’s occupants and damage to your Pontiac Montana.
Since a lot of drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is very important. Usually these coverages are similar to your liability insurance amounts.
Comprehensive insurance
This coverage pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive coverage protects against claims like hitting a bird, vandalism and falling objects. The most you’ll receive from a claim is the ACV or actual cash value, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.
Med pay and Personal Injury Protection (PIP)
Med pay and PIP coverage provide coverage for immediate expenses for things like nursing services, EMT expenses and dental work. They are often used in conjunction with a health insurance program or if you lack health insurance entirely. They cover not only the driver but also the vehicle occupants as well as if you are hit as a while walking down the street. PIP is not available in all states and gives slightly broader coverage than med pay
Liability insurance
This will cover injuries or damage you cause to other’s property or people in an accident. It protects you against claims from other people, and doesn’t cover your own vehicle damage or injuries.
Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. You might see liability limits of 100/300/100 that translate to $100,000 in coverage for each person’s injuries, a limit of $300,000 in injury protection per accident, and property damage coverage for $100,000. Alternatively, you may have a combined single limit or CSL which provides one coverage limit with no separate limits for injury or property damage.
Liability coverage protects against things like loss of income, structural damage, pain and suffering, emergency aid and bail bonds. How much liability coverage do you need? That is a decision to put some thought into, but consider buying higher limits if possible.
Collision insurance
This pays to fix your vehicle from damage from colliding with another car or object. You have to pay a deductible then the remaining damage will be paid by your insurance company.
Collision insurance covers claims such as rolling your car, crashing into a ditch, colliding with another moving vehicle, backing into a parked car and scraping a guard rail. Collision coverage makes up a good portion of your premium, so you might think about dropping it from lower value vehicles. Drivers also have the option to bump up the deductible to bring the cost down.
In this article, we covered a lot of techniques to get a better price on 2001 Pontiac Montana insurance. The most important thing to understand is the more times you quote, the higher the chance of saving money. You may even discover the most savings is with a small mutual company. Regional companies may cover specific market segments cheaper than the large multi-state companies such as Allstate or State Farm.
When searching for cheap auto insurance quotes, make sure you don’t buy poor coverage just to save money. In many cases, someone sacrificed uninsured motorist or liability limits and learned later that the small savings ended up costing them much more. The proper strategy is to buy enough coverage at the best cost while still protecting your assets.
Cheap 2001 Pontiac Montana insurance is definitely available online in addition to many insurance agents, so you should compare both in order to have the best price selection to choose from. Some insurance companies don’t offer the ability to get quotes online and many times these regional insurance providers prefer to sell through independent agencies.
To read more, take a look at these articles:
Mary Carson
From a town just southwest of Gaithersburg, Maryland. Received quotes from GEICO, AAA, and Erie for my Montana and saved just over $60 a year. Teenage drivers are expensive! Not sure if rates are cheaper online or through an agent.
Estelle Bentley
I live just to the west of Sioux Falls, SD. Got car insurance rates from AIG Insurance, MetLife, and a few others for my Pontiac and saved just over $100 a year. Left AAA to switch. I dropped full coverage awhile back.
Agueda Welch
Will GEICO cancel me for an at-fault accident?
Cyrus Wall
If you have a good history and live around Nashville, TN, check out Progressive. I saved quite a bit. Might find lower rates online. Only insure liability on my Montana.
Niki Hunt
I compared a lot of rate quotes for a 2001 Pontiac Montana in Paterson, NJ. Ended up at roughly $70 every six months with American Family. They were helpful in switching over.
Devora Bishop
In Springfield, MA, Allstate is a good choice. I get multi-vehicle and multi-policy discounts. Bought it from an online quote. I only have liability coverage on it.
Erma Fry
Nice info. I live in a small town just outside of Rockford, IL. I quoted with AAA, Erie, and MetLife for my Pontiac and am saving around $60 a year. :P
Kena Estrada
Nice info. I live just to the east of Warwick, RI. Got prices from American Family, MetLife, and some smaller one I can’t remember the name of for my Montana and I think I saved around $20 each month. Are quotes cheaper online?
Katherina Finch
Found cheapest coverage with State Farm for my 2001 Pontiac Montana and saved around $80 a year. Was with State Farm. Good multi-policy discounts. Online quotes are the way to go.
Jody Pittman
Went with Nationwide for my Pontiac and am saving around $60 a year. My Montana doesn’t have full coverage.